Aecon Group Balance Sheet Health
Financial Health criteria checks 5/6
Aecon Group has a total shareholder equity of CA$962.2M and total debt of CA$350.6M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are CA$3.3B and CA$2.4B respectively. Aecon Group's EBIT is CA$21.9M making its interest coverage ratio 0.6. It has cash and short-term investments of CA$506.1M.
Key information
36.4%
Debt to equity ratio
CA$350.62m
Debt
| Interest coverage ratio | 0.6x |
| Cash | CA$506.08m |
| Equity | CA$962.25m |
| Total liabilities | CA$2.37b |
| Total assets | CA$3.33b |
Recent financial health updates
Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt
Apr 27
These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively
Jan 04Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden
Sep 09Recent updates
Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.19
Dec 15Aecon Group Inc.'s (TSE:ARE) Shares Leap 30% Yet They're Still Not Telling The Full Story
Nov 15Aecon Group's (TSE:ARE) Dividend Will Be CA$0.19
Jun 08This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate
May 29Concerns Surrounding Aecon Group's (TSE:ARE) Performance
Mar 12Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Aug 29Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Jun 10Aecon Group (TSE:ARE) Takes On Some Risk With Its Use Of Debt
Apr 27Is Now An Opportune Moment To Examine Aecon Group Inc. (TSE:ARE)?
Mar 04Aecon Group (TSE:ARE) Is Due To Pay A Dividend Of CA$0.185
Mar 04These 4 Measures Indicate That Aecon Group (TSE:ARE) Is Using Debt Extensively
Jan 04Here's Why Aecon Group (TSE:ARE) Has A Meaningful Debt Burden
Sep 09Financial Position Analysis
Short Term Liabilities: ARE's short term assets (CA$2.4B) exceed its short term liabilities (CA$2.1B).
Long Term Liabilities: ARE's short term assets (CA$2.4B) exceed its long term liabilities (CA$321.4M).
Debt to Equity History and Analysis
Debt Level: ARE has more cash than its total debt.
Reducing Debt: ARE's debt to equity ratio has reduced from 69.5% to 36.4% over the past 5 years.
Debt Coverage: ARE's debt is well covered by operating cash flow (41.9%).
Interest Coverage: ARE's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aecon Group Inc. is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Murray | ATB Capital Markets |
| Gareth Tingling | Beacon Securities Limited |
| Devin Dodge | BMO Capital Markets Equity Research |